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To: Ed Pettee who wrote (6465)	1/16/1998 3:12:00 PM
From: SE	Read Replies (1) \| Respond to of 10368

I know this is asking for way too much, but what I would like to see is a statement by Logue of his business plan and vision for this company. That would be a wonderful thing to digest and tear apart. I am willing to bet (I guess I already have) that he has a vision and that vision is going to be played out to our favor in a big way. I look for a much stronger VGM presence than we now have. We shall see. I hope they also expand the BINGO operations as that was their start and is the bread and butter, IMO. I believe it was Logue that said, "There are xxx number of bingo halls out there and we have less than 30." ...or something to that effect. Just wait, this man will lead this company to greatness. Patience is a virtue. GO PACK GO! -Scott

To: Ed Pettee who wrote (6465)	1/16/1998 5:49:00 PM
From: T.K. Allen	Read Replies (1) \| Respond to of 10368

Ed - I think we are starting to get the picture of what the likely cause of this management change may have been. I am a big believer in the power of vested interests on political situations - whether these be corporate (Logue vs. Wilson) or legislative (Gov. Beasley/The State vs. Video Poker industry). Critical decisions always, ALWAYS, boil down to a question of MONEY. I recall during the Washington Post Watergate investigation, the reporters primary source advised them to "follow the money". As it is now and ever shall be. With regard to BNGO management, the high profit margins of VGM's tip the balance of power strongly toward the low-end gaming business (Mims & Harrison) and away from the bingo business (Wilson). With regard to the current South Carolina political battle, the money (and the votes) are hugely in favor of the video poker industry camp. One other thought regarding Logue taking over: The anti-VGM forces are really playing hardball. They have turned the public debate into vicious attacks appealing to gut-level emotional responses from voters ("poker is cancer", "poker kills babies", etc.). In this kind of environment, BNGO needs somebody who will not hesitate to come out swinging with both fists. I don't know much about either Greg Wilson or Corky Logue but I do know that the pawn shop business deals with some pretty tough characters, both in the actual shops and in the political arena. This is very different from the type of people likely to be encountered at charity-sponsored bingo games. If I, as a BNGO shareholder, have to decide who I want in my corner in this ugly South Carolina political war, I choose the pawn shop owner over the bingo hall operator. TKA

To: Ed Pettee who wrote (6465)	1/16/1998 9:59:00 PM
From: SE	Read Replies (1) \| Respond to of 10368

Ed, Did you post this one yet???? GO PACK GO! -Scott Published Friday, January 16, 1998, in The State Senators say `no' counties shouldn't get gambling revenue By JESSE J. HOLLAND The Associated Press South Carolina counties that voted against video gambling in a 1994 referendum should not profit from the machines in other counties, two powerful state senators say. Sen. Glenn McConnell, R-Charleston, introduced a bill Wednesday that would keep the industry's license fees from going to the 12 counties that wanted to ban machine payouts. "Either you are for gambling or you are against gambling," McConnell said. "Those who keep it, get the money. Those that don't want gambling shouldn't want or get the money." His bill also would require the revenue be used only for public infrastructure improvement. The county-by-county referendum later were thrown out by the state Supreme Court as unconstitutional. Payoffs continue while a video gambling operators' suit is pending. The 12 counties accounted for $146 million of the industry's gross receipts during the last three months of the fiscal year that ended June 30, 1997, according to the Revenue Department. The counties included Abbeville, Aiken, Anderson, Cherokee, Chester, Chesterfield, Greenwood, Lancaster, Oconee, Pickens, Union and York. York brought in $92 million for the 1997 fiscal year as the fifth-highest grossing county in the state. McConnell's bill, which was sent to the Senate Finance Committee, has the support of Senate Majority Leader John Land, D-Manning. "I don't think they can have the best of both worlds, claiming that video poker is some kind of evil and not wanting it in their counties, but yet reap the benefits of the $62 million that comes in," Land said. "I think it ought to go to the counties that voted for it." Land said he would not support a ban on the $2 billion industry. "It's just like Prohibition," he said. "We couldn't outlaw drinking and you can't outlaw gambling. You might outlaw the machines, but gambling is something that's been around a long time and it's going to stay. "I think we ought to regulate it and tax it," Land said.